“There is pain across North America when it comes to the oil industry”. That comment came from Christopher Guith. The Senior VP-Policy for the Institute for 21st Century Energy with the U.S. Chamber of Commerce was talking to delegates at the Oil & Gas Awards Industry Summit. Guith told the crowd the oil industry is […]
Comment: CAPP has warning for politicians in race to form next government in Alberta
These are volatile times for the oil and natural gas industry. The impact on Albertans has been hard as thousands of jobs have been cut. Drilling and service rigs are idle. Tools are down in machine shops. More office spaces are empty. Restaurants are quieter. Economic activity across Alberta is slowing as uncertainty clouds the […]
2015 a “Perfect Storm” for oil industry
Consider the challenges facing the oil industry this year – rock bottom prices, drought (water shortages), greenhouse gas legislation, new rules regarding First Nations and the stalling of major pipelines – Keystone XL, Northern Gateway to name just two. This was the comment Bryan Helfenbaum started of the session he was moderating at the World […]